Vaccine News Upends “Stay At Home” Trades…Update-2…Stay the Course in Healthcare
Update-2 11/11...Reversal of reversal..Chips are strong, Techs are back..Biotechs holding (XBI) up 1%, (IBB) up 1%. Coronavirus stocks show gains:testing- ABT, CODX, GNMK,HOLX, OSUR, QDEL; vaccines-AZN, MRNA,NVAX ; TDOC. Biotech notable gainers: ALLO, BHVN, BIB,RGEN, SRPT, VIR. Many small cap...
Healthcare Stocks Rally Huge through Election Whipsaw
Healthcare Stocks Rally Huge-Over 5% in One Week Uncertainty over election whipsaws healthcare stocks. Market Likes Gridlock from election? Legislative action on drug pricing unlikely. Focus should be on fighting the Pandemic and passing a Stimulus package. Over a two week period healthcare and...
Healthcare stocks To Buy After a Nasty Week: ABT, ABBV, MRK. Update-2…Huge Rally !
Update-2 11/4/20...Huge rally in Biotech and Healthcare -Call it the gridlock rally. Biotech Green Wave? As we picked them on Sunday evening the large cap biotech and healthcare stocks soared. Looks like the big stimulus trade has waned hurting industrials and materials so we are back to...
Stay the Course with Healthcare and Biotech Stocks…Update-3 earnings, AMGN , GILD
Update-3 10/29. 1p EDT...Earnings reports stabilize biopharma stocks. Vaccine stocks strong. Gilead Sciences (GILD) beats but lowers guidance.Needs clinical news on deals. Stock lower. Amgen (AMGN) holds $216 after beat, osteoporosis drug opportunity. Early movers: ALKS, BNTX, CVAC, GNMK,...
Now That Many Investors Are Playing the Hot Biotech Sector, What’s Next? Update on a sell-off.
Update-3 10/21 11a EDT Another day with a brisk sell-off in momentum stocks. Coronavirus plays hit hard: BNTX, QDEL, NVAX, OSUR etc. Is this sentiment shift from lack of stimulus or just election anxiety? After the close: CRISPR Therapeutics (CRSP) down 12.95% to $92.90 on a patient death in...